Citibank eFX lets you quickly and easily access the FX market and manage your trades on the go through Citi Mobile® App or Citibank Online. Sign on to Citi Mobile® App or Citibank Using Foreign Exchange (FX/Forex) Trading Services not only diversifies your portfolio risk, but also enables you to capture any upside opportunities by way of FX trading with currencies Citi Mobile® App Mobile FX Trading Platform Contents A. Logon to Mobile FX Trading Platform 1 B. Set your own FX Watchlist 1 C. Exchange currencies anytime anywhere 2 D. Pre-set 5/8/ · Citi Priority offers a range of Foreign Exchange products and Services such as forex trading platforms, foreign accounts in an efficient and timely manner. Foreign Exchange This CitiFX SM is probably the best known name in the FX market around the world. Our increasing investment in technology has seen us roll out award winning applications enabling our clients ... read more
Citi FX Calculator Click Here To Try Now. Real Time FX rates with our Citibank Foreign Exchange Calculator. Let us assist you through a host of benefits and innovative trading services as your foreign exchange needs evolve.
Convert currencies on the go with Citi Mobile ® App or Citibank Online and personalise your watchlist with live-streaming FX rates. Get notified immediately through SMS or email alerts when your preferred currency reaches the desired rate, and start trading. Thomson Reuters provides you with charts and analysis to help identify FX market trends. Receive alerts when technical indicators reach your pre-defined levels. Enjoy instant access to multiple currencies and make payments when overseas or to online merchants with your Citibank Debit Mastercard.
Enjoy free withdrawals at any Citibank ATMs worldwide from your Foreign Currency Account with Citibank Debit Mastercard. No surprises on hidden or 3rd party fees when you spend overseas or shop online. Have full control of your FX rates and enjoy greater transparency on overseas transactions. Transfer funds online between your Citibank accounts globally. It is easy to use, faster and more cost-effective than traditional Telegraphic Transfer TT.
Exchange foreign currencies at attractive rates with Citi eFX, and settle point-of-sale or online payments with your Citibank Debit Card. Prevent currency exchange losses on your international investment portfolios by having your funds deposited into a foreign currency account. With Citi eFX, tap into analytical and rate alert tools to help you make informed decisions.
FX charts and technical indicators provide you with insights to past historical FX levels and help you determine your take profit or stop-loss levels. With FX Polls, you can gain insights by viewing the market consensus of your preferred currencies.
Witi Citi eFX, set your desired foreign exchange rate with Order Watch and let eFX auto execute the order when the market rate matches your desired rate.
With the exchanged amount, remit overseas to family members, friends, business partners or other Citi accounts globally without any hassle and worry about fluctuating exchange rates. Transfer funds around the world from Citi Mobile ® App or via Citibank Online. Transfer fees apply. Transfer funds instantly from your Citibank checking, savings or money market accounts to your Citibank accounts anywhere in the world. You can set up a preferred FX rate at which the Buy or Sell Order will be automatically executed.
Choose the currency pairs, set your target FX rates, and receive SMS or Email alerts when markets hit your desired FX rates. Already have an account? Click here to get started. Let us assist you as your foreign exchange needs evolve through a host of benefits and innovative trading services. With Citi Mobile ® App's eFX features, you can instantly make currency conversions at your desired rates and make sure you have enough currency at hand. Enjoy instant access to 10 currencies and make payments when overseas or to online merchants with you Citibank Debit Mastercard.
Convert currencies on the go with Citi Mobile ® App and personalise your watchlist with live-streaming FX rates. Thomson Reuters provides you with charts and analysis to help identify FX market trands.
It is easy to use, faster and more cost-effective than traditional Telegraphic Transer TT. Enjoy free withdrawals at any Citibank ATMs worldwide from your Foreign Currency Account with Citibank Debit Mastercard ®. Citibank eFX is an online platform that allows you to convert funds within your Citibank accounts into different foreign currencies. You will need to open a Global Foreign Currency Account for the foreign currencies that you would like to trade in.
Alternatively, you can apply for an Overnight Deposit which serves as a deposit facility to store your foreign currencies. Customers should be mindful of the regulations in their country of domicile with regards to engaging in FX transactions. Citibank eFX is made available to customers on a non-solicited basis. The Overnight Deposit is a deposit facility to store multiple currencies. While the Overnight Deposit can be used for debiting or crediting purposes during an investment transaction or via Citi Online Foreign Exchange eFX , it is not a transactional account and cannot be used for cash withdrawals, debit card payments or remittances.
Overnight Deposits are opened upon request when customers transact in Investment Products such as Time Deposit, Premium Account, Unit Trust, Portfolio Finance, etc.
Can I make a Citibank eFX transaction using the Overnight Deposits account as the source of funds? If you have an existing Global Foreign Currency Account that is in the same currency as your Overnight Deposit, you can transfer the balance in your Overnight Deposit account via "Payments and Transfers" in Citibank Online. Such transfer does not involve currency conversion. If you do not have an existing Global Foreign Currency Account in a currency that is the same as your Overnight Deposit, you may choose to transfer the balance in your Overnight Deposit account by either using "Payments and Transfers" in Citibank Online or using eFX on the Citibank Mobile ® App or Citibank Online.
Please take note that such transfer involves currency conversion. Simply logon to www. sg to access Citibank eFX. Citi Mobile ® App Trade and track your portfolio on the go! To do so, you will first need to download the Citi Mobile ® App from your Apple App or Google Play stores before logging in.
Click here to apply for a Citibank Global Foreign Currency Account. The FX market is not traded on a regulated exchange like stocks and commodities, but rather a network of financial institutions and retail brokers. The FX market is available for trading 24 hours a day, five days per week. On days when commercial banks and FX markets are not open for business in the country of your selected trading currency.
Spot Orders: Available 24 hours a day, including Saturdays and Sundays. On Saturdays and Sundays, no live rates are available. A Market Order or commonly known as a spot transaction, allows you to place a buy or sell order at the current market price. Settlement is immediate and the currency purchased will be credited into your account immediately.
A Limit Order is an instruction to buy or sell a currency at a price you specify. The order will only be executed when the prevailing market price reaches your specified price.
It allows you to monitor the market and wait for your preferred pricing in a volatile market. A Stop-Limit Order is executed when a specified target rate is achieved for the purpose of cutting loss or entry upon conditions being met.
A Stop-Limit Order is only executed at the next traded price from the specified target rate. For FX OrderWatch Limit and Stop-Limit Orders , instructions placed will expire if the orders are not filled before the expiry date. The Hold Balance will be maintained for the duration of the Limit Order and will be released after the order is executed, expired or deleted.
During this time, you will continue to earn interest on the Hold Balance if your debit account is an interest-bearing account. However, you will not be able to access or withdraw your Hold Balance until the hold is released.
In comparison, if a Sell Limit Order is used instead for the same purpose Order placed at 1. You have the option of setting the expiry period for 24 hours, a week or a month calendar days. All orders will expire at 9. Counter rates only. For Market Orders, upon your trade confirmation, the currency sold will be debited from your account and the new currency purchased will be credited into your Global Foreign Currency account or a new Overnight Deposits account.
Limit and Stop-Limit orders are only triggered and fulfilled when the target price has been met. Please note that orders which are executed during Night Mode after 11pm may only be valued in the morning after 9am.
Accordingly, your funds may be unavailable until the corresponding holds are released after the limit orders are valued. Not directly. Foreign currency withdrawal is not available from local Citi ATMs.
There are no transaction fees charged but the executed FX rate will be the customer "All in Rate", which is different from the prevailing interbank market rate at the time of the execution as it includes a Bank spread ranging from 0.
eFX transactions will appear in the respective debit and credit account in your monthly statement. The Overnight Deposits account will appear in your monthly statement. It is segmented into the different currencies which you hold.
For Market Orders and Order Watch Limit and Stop-Limit Orders , these accounts can be used:. The above examples and screenshots are hypothetical and provided for illustrative purpose only. The scenarios are not based on the past performances of foreign currencies. Citibank is not making any prediction of future movements in foreign currencies by virtue of providing the illustrative examples. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Citibank eFX.
Any customers using Citibank eFX acknowledge and accept that all transactions they make are made solely upon their judgment and at their discretion and own risk. Foreign currency trading is subject to rate fluctuations, which may provide both opportunities and risks. Customers who have any questions about their legal or tax positions as a result of opening an account with Citibank or effecting any transaction on an account with Citibank should engage an independent legal or tax adviser as they consider appropriate.
Exchange controls may apply from time to time to certain foreign currencies. Our Treasury Services Managers and Relationship Managers may assist customers with information on any exchange controls that are relevant to the currencies in which they invest.
Market conditions may make it impossible to execute such orders. If the required funds are not provided within the prescribed time, their positions may be liquidated. In the event that the market deteriorates rapidly beyond the margin call level and reaches the forced sell level, the bank reserves the right to close out all or part of the outstanding positions without notice and without any margin calls.
Customers will remain liable for any resulting deficit in their accounts. Minor market fluctuations including but not limited to fluctuations in currency exchange rate may multiply customers' losses and lead to substantial deficit. Customers may sustain losses in excess of their collaterals and have resulting deficits in their accounts.
Treasury Plus is highly speculative and risky and is subject to the risk of market fluctuation. The value of customers' holdings may be reduced as a result. Customers should have sufficient net worth to be able to assume the risks and bear the potential losses of leveraged investments.
Our Bank only offers overnight tenor for Treasury Plus. As the interest rates for Treasury Plus loan may vary during the period of investment, the interest costs may therefore also vary. This may affect the net investment return. Premium Account cannot be terminated before maturity. Such early termination may be made at a loss to customers and they will remain liable for any resulting deficit in their accounts. The quantum of finance is subject to change by the Bank without notice.
Relatively small movements in the exchange rate will have a multiplying effect on customers' corresponding gain or loss and resulting in the possibility of margin call and forced sell.
Customers' leveraged position is marked-to-market daily and they may be called upon at short notice to deposit additional funds to avoid a forced sell of their leveraged positions. Positions may be liquidated at the discretion of the Bank if a margin call is not complied within the stipulated time period. The margin call level is also subject to change by the Bank without prior notice and the Bank has no obligation to notify customer of the aforesaid event, therefore it is customer's duty to monitor the same.
The forced sell level is set at present margin level equal to or exceeds In the event that the market deteriorates rapidly beyond the margin call level and reaches the forced sell level, the bank reserves the right to close out all outstanding positions without notice and without any margin calls.
The forced sell level is also subject to change by the Bank without prior notice. Treasury Plus is a revolving loan where interest is accrued daily. All the interest charged and other sum payable will be due and payable at any time forthwith on demand by the Bank. Customers should seek independent advice before making a commitment to apply for Treasury Plus. In the event that customers choose not to seek independent advice, they should carefully consider whether such leveraged investment account is suitable in the light of their own investment objectives, financial position and risk profile.
Citi Plus No minimum deposit requirement. Fill in personal information and make an appointment at branch to complete the application. Make an Appointment. Apply Now. New Clients of Citi Plus, Citibanking, Citigold, Citigold Private Client. APPLY NOW. Learn More. Feature Guide of Mobile FX Trading Platform. Learn Now. Account Summary. Once you have logged on your Citi Mobile ® App and browse the account summary of "Foreign Currency Deposits" or "Citibank Global Wallet", you can: - tap "Buy Now" to buy your preferred foreign currency instantly - tap "Buy at Target Rate" to set an order watch at your preferred rate - tap "Alert at Target Rate" to set an alert for your preferred currency when the rate is met Buy Now.
Seize the FX opportunities anytime, anywhere? Tailor your watchlist to keep a close eye on the movements of your favorite currencies with live streaming rates, and trade when the rates hit your preferred levels.
FX Order Watching Service Pre-set any criteria for us to monitor the market around the clock and conduct trading for you once the market rate has reached your desired rate. Visit HERE for more details about FX Order Watching Service. Thomson Reuters Insights Get professional analysis on currency trends and forecasts from Thomson Reuters with FX Charts and Polls. FX Charts Interactive FX charts cover periods of up to 10 years and at intervals as frequent as 1 minute.
FX Polls FX polls provide insight for customers to understand the market consensus. You can long or short a foreign currency pair to hedge the position against the downside or upside risk.
Foreign Currency Banknote Order Service Order the Foreign Currency banknotes you desire for withdrawal after your trade. Market Insight Foreign Exchange FX Services Offered. Invest with Citibank Online. For joint accounts, the FX Welcome Offer will be given to the Primary Account Holder. A new to Citibank Client who opens account on July 28, , hence, July will be the 1st calendar month.
Foreign Exchange has been one of the defining businesses of Citi for much of its year existence. In the G10 and EM businesses were combined into a single global FX offering for our clients. FX at Citi can be traced back to when we opened a department to facilitate business conducted across US borders — inward investment from Europe and kerosene sales to China being just two examples.
Today we have physical presence in 83 countries with 1, dedicated staff giving us the largest FX presence of any bank globally. We put this to work delivering unrivalled service and insight to our clients. CITIFX SM. Home About CitiFX Electronic Solutions Market Insight Global Footprint Client Solutions.
Our history our awards meet us. Defining Citi reached its th anniversary in and one of our defining businesses is FX. Presence Our physical presence in 83 countries gives us unrivalled insight into global FX markets.
Technology Increasing investment in technology has seen us roll out award winning applications. People We would be nothing without our people.
We value their skills, motivation and experience. LEARN MORE Inventing the modern multinational enterprise: Citi Foreign Exchange Network years of Citi. com is the global source of information about and access to financial services provided by the Citigroup companies.
CitiFX SM is probably the best known name in the FX market around the world. Our increasing investment in technology has seen us roll out award winning applications enabling our clients 5/8/ · Citi Priority offers a range of Foreign Exchange products and Services such as forex trading platforms, foreign accounts in an efficient and timely manner. Foreign Exchange This Foreign Exchange has been one of the defining businesses of Citi for much of its year existence. In the G10 and EM businesses were combined into a single global FX offering Citibank eFX lets you quickly and easily access the FX market and manage your trades on the go through Citi Mobile® App or Citibank Online. Sign on to Citi Mobile® App or Citibank 28/6/ · Citibank Trading Platform is an online trading platform from Citibank Brokerage that gives individuals access to five markets. Comparatively, Citibank Brokerage has high Using Foreign Exchange (FX/Forex) Trading Services not only diversifies your portfolio risk, but also enables you to capture any upside opportunities by way of FX trading with currencies ... read more
Once you choose an account, you must decide how much you would like to keep in it prior to investing. You have the option of setting the expiry period for 24 hours, a week or a month calendar days. Online Foreign Exchange eFX Instantly access foreign exchange rates with spot trades. Limit Orders: Order Watch service is not available at the following timings: i. Select branch for withdrawal at your convenience. But surprisingly, a Citi brokerage account does not come with any such tools at all.
Let us assist you as your foreign exchange needs evolve through a host of benefits and innovative trading services. FX Market Video Today's FX Pick Today's Premium Account Pick Weekly FX Insight FX Articles. You can apply for a Citibank trading account with or without a Citibank bank account. In any event, citibank forex trading platform, past performance is no guarantee of future results, and future results may not meet our expectations due to a variety of economic, market and other factors. For example, Saxo Markets charges only USD at 0. Once you choose an account, you must decide citibank forex trading platform much you would like to keep in it prior to investing.